Jonathan Eriksen: Superannuation expert on the retirement age and superannuation funding
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
A superannuation expert suggests the Government looks across the ditch for ways to maintain the retirement age.
The Prime Minister took the opposite stance during his State of the Nation speech in Auckland yesterday afternoon.
Christopher Luxon says as life expectancy rises, the pension age of 65 is too low.
Jonathan Eriksen told Andrew Dickens Australia introduced compulsory superannuation in 1991 with 3% employer contribution.
He says it now has trillions of dollars, which it invests in infrastructure and tourism.
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